Market-Moving News for August 13th

Benzinga Bulls and Bears: Palantir, Apple, Six Flags

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Chip Stocks Endure Longest Losing Streak Since 2006 as CoreWeave Credit Concerns Mount: This Week on Wall Street

The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.

Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.

Cathie Wood Buys $12.4 Million Of CoreWeave Stock As Analyst Warns Of Equity Wipeout, Ark Sells Palantir Shares

Cathie Wood’s Ark bought CoreWeave, Cerebras and Meta shares and sold Palantir shares on Wednesday, Oct. 14, 2026.

Nvidia, Micron and Broadcom Already Trade Like Cisco Post Dot-Com Burst: Bank of America

Bank of America’s Vivek Arya says Nvidia, Broadcom and Micron trade near 13x forward earnings, in line with Cisco after the dot-com crash.

Why Is Cisco Stock Falling on Thursday?

Cisco discloses a critical 9.8-rated Secure Email Gateway vulnerability under active exploitation. See the details and fixes.